LikeThe question I get asked on a daily basis… “How’s the market?” Here’s some charts that will tell you exactly how the market is doing for single family homes in Ashburn, Sterling, and Leesburg. Pop in tomorrow and I’ll update you on condos and townhomes then. Ashburn Single Family Homes Sterling Single Family [...]
LikeIt never fails…if we get a stretch of warm weather, the real estate market warms up a notch as well. I know we’ve only really had one day of warmer weather so far, but I’m an optimist, and I am soooo ready for spring to get here! Have you started thinking about the spring real [...]
LikeWell, we’ve had one day of warm weather, at least…did it get you thinking about the spring real estate market at all? Getting an itch to buy and/or sell? When we start seeing some warm days is when we start to see listings hitting the market in Loudoun…typically. Now is a great time to have [...]
LikeSpring is right around the corner, I promise! Just a reminder that the orange ‘condo’ line includes townhomes, too. Inventory feels low to me, still, and I’m expecting that it will begin to rise as we get into the full rush of the spring market. At this point, I’m only seeing 15-20 new listings per [...]
LikeI posted last week on LoCo Musings and LoCo Market Stats analyzing how much of our active real estate market in Loudoun is currently made up of ‘distressed’ sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are [...]
LikePart of my daily routine as a Realtor is looking at the multiple listing service to see how many new listings have come on market that day. During busier periods in the year, it’s tough to keep up with all of the homes coming on (and going off) market on a day to day basis. [...]
LikeOverall, real estate inventory is dropping across Loudoun County, and Ashburn is no exception. After seeing a spike for the summer, we are now returning to approximately the same level we were at for October 2009. Time will tell if we stay flat through this winter, or if it will continue to drop. If you [...]
LikeThe main piece of the real estate puzzle is always inventory…if there isn’t enough supply to meet the demand, prices rise and days on market drop. We’ve already seen that median home price in Loudoun isn’t dropping, but average days on market is down in most areas of the county. Here’s a look at current [...]
LikeSo what’s been happening with the real estate market in Loudoun County since the tax credit expired April 30th? We saw a huge jump up in inventory right away…and now it appears to have calmed down a bit, and some of that inventory has been absorbed. If you would like to know how the market [...]
Continue reading about Sunshine, Summertime, and Home Shopping?
LikeI knew that the first time homebuyer tax credit (that expired April 30th) was having a significant affect on our real estate market in Loudoun County, but it’s even more evident now by what has happened to inventory levels across the county since it ended. In the two weeks directly after, inventory basically doubled. Thankfully, [...]
